Entries by Lee Gaddes

Blockchain and Bitcoin, the Future of a Conveyancing Transaction?

Blockchain and Bitcoin Blockchain A continuously growing list of records called blocks which are linked and secured using cryptography. Bitcoin A worldwide cryptocurrency and digital payment system called the first decentralised digital currency. A property lawyer is responsible for millions of pounds of client money each year ensuring funds are protected and then transacted to […]

Commercial Property and Stamp Duty Land Tax

Since the introduction of the controversial 3% Stamp Duty Land Tax (SDLT) on second residential properties we have seen a sharp increase in our investor clients purchasing commercial property and land. The purchase of a second residential property generates SDLT of 3% on the purchase price.  This applies to any residential property over £40,000.00 so […]

Buying or Selling a Property at Auction

Property Auctions give buyers and sellers a different way to buy or sell a property.  There are two methods available and here we discuss both, with our comments on the legal side and the legal implications of each method. The Modern Method/Online Auction This is a popular way of selling a property and is often […]